After lockdowns lead to an e-bike boom, VanMoof raises $40M Series B to expand globally
https://techcrunch.com/2020/09/16/after-lockdowns-lead-to-an-e-bike-boom-vanmoof-raises-40m-series-b-to-expand-globally/
E-bike startup VanMoof, has raised a $40 million investment from Norwest Venture Partners, Felix Capital and Balderton Capital. The Series B financing comes after a $13.5 million investment in May. The funding brings VanMoof’s total raised to $73 million and furthers the e-bike brand’s ultimate mission of getting the next billion on bikes.
The Series B funding will be used to meet the increased demand, shorten delivery times and build a suite of rider service solutions. It also aims to boost its share of the e-bike market in North America, Europe and Japan.
After lockdowns lead to an e-bike boom, VanMoof raises $40M Series B to expand globally
Sep 16, 2020, 1:32pm UTC
https://techcrunch.com/2020/09/16/after-lockdowns-lead-to-an-e-bike-boom-vanmoof-raises-40m-series-b-to-expand-globally/
> E-bike startup VanMoof, has raised a $40 million investment from Norwest Venture Partners, Felix Capital and Balderton Capital. The Series B financing comes after a $13.5 million investment in May. The funding brings VanMoof’s total raised to $73 million and furthers the e-bike brand’s ultimate mission of getting the next billion on bikes.
> The Series B funding will be used to meet the increased demand, shorten delivery times and build a suite of rider service solutions. It also aims to boost its share of the e-bike market in North America, Europe and Japan.